American Creek's JV Partner Tudor Gold Prepares for 2023 Exploration Program on the Treaty Creek Joint Venture Project, Located in the Golden Triangle of British Columbia
Cardston, Alberta--(Newsfile Corp. - April 19, 2023) - American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF) ("the Corporation" or "American Creek") is pleased to report that project operator and JV partner Tudor Gold announced that crews have been mobilized in preparation for the upcoming 2023 exploration program at their flagship property, Treaty Creek, located in the Golden Triangle of Northwest British Columbia. Crews are now transporting heavy equipment and drilling supplies to the Treaty Creek site along the winter access from the nearby Brucejack Mine Access Road and preparing the camps for the upcoming 2023 exploration campaign, which is anticipated to commence in early May.
The 2023 exploration program is anticipated to be comprised of a drill hole program totaling a minimum of 20,000 meters at the Goldstorm Deposit and will target the north and northeast mineral extensions where the 2021 and 2022 drill hole programs intercepted gold, copper and silver mineralization. These results contributed to a significantly upgraded Mineral Resource Estimate recently announced by the Corporation in a news release dated March 15, 2023 (the "March News Release"), which reported an Indicated Mineral Resource of 23.37 million ounces (Moz) of gold equivalent (AuEQ) grading 1.13 g/t AuEQ and an Inferred Mineral Resource of 7.35 Moz of AuEQ grading 0.98 g/t AuEQ.
In addition to the drilling at the Goldstorm Deposit, Tudor Gold plans to carry out exploration drilling at the Perfectstorm Zone ("PSZ") to follow up on six drill holes that were drilled in 2020 and 2021 which all intercepted gold and silver mineralization, highlighted by hole PS-21-06 which returned 118 meters of 0.66 g/t gold, 3.69 g/t silver and 31.5 meters of 0.84 g/t gold, 6.09 g/t silver. PSZ is a gold-dominant mineralized system measuring 1.3 kilometers in strike length and is located approximately 2.5 kilometers southwest of the Goldstorm Deposit and approximately 2.5 kilometers northeast from Seabridge Gold's Iron Cap Deposit near the southwestern boundary of the Treaty Claim block.
Bullish
